TO BE SOLD BY ONLINE AUCTION ON 13TH - 14TH MAY UNLESS SOLD PRIOR UNDER AUCTION TERMS.
2, Stellar Street, Stoke-on-trent, ST6 1NZ
An excellent opportunity to acquire a tenanted buy-to-let investment in a well-established residential area of Stoke-on-Trent, offering immediate income with further potential to enhance returns. Not inspected by Edward Mellor but reported to comprise; open plan lounge through to dining room, kitchen, two bedrooms and bathroom. Photographs have been provided by the vendor.
Reported to be currently let at £600 pcm, providing a solid income from day one, with scope for rental growth subject to review. This makes it an ideal purchase for investors looking to improve yield over time. Await sight of AST.
It is positioned within a popular and accessible location in Tunstall, benefiting from close proximity to the town centre, local shops, schools and everyday amenities. The area also offers good transport links, supporting consistent tenant demand and making it a reliable location for long-term investment.
An ideal addition to any portfolio, particularly for those seeking a straightforward income-producing asset in a strong rental area with future upside.
Here are some similar sold properties taken from Land Registry that highlight the potential:
27, Wade Street, Stoke-on-trent, ST6 1HR £112,000 Terraced 2 BED 0.24 mi
31, Leonard Street, Stoke-on-trent, ST6 1HS £107,000 Terraced 2 BED 0.21 mi
76, Leonard Street, Stoke-on-trent, ST6 1HH £100,000 Terraced 2 BED 0.31 mi
Tenant ready property values in the area are in the region of £750- £800pcm
EPC rating - D
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS